Phobos ransomware leader facing 20 years in prison after pleading guilty to hacking charges

AI Summary

Russian national Evgenii Ptitsyn pleaded guilty to conspiracy charges related to operating the Phobos ransomware, which attacked over 1,000 organizations worldwide and netted more than $39 million in extortion payments since November 2020. Ptitsyn was extradited from South Korea and faces up to 20 years in prison.

Read full article → https://therecord.media/phobos-ransomware-leader-f…

Relevance score: 75.0/100

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